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 Lawyers Corner, A one-stop centre on lawyers and queries

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Floogen
post Jul 27 2011, 09:12 PM

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Joined: Jan 2003
Hi all,

I just bought a condo, and the lawyer has sent me the following quotation for the Loan Agreement legal fees. Loan amount is RM252,000. Can I ask all the sifus here, if the fees are reasonable? icon_question.gif

Fees
Facilities Agreement 2214.00
1st party 1st Charge 221.40
Entry of Private Caveat 350.00
Application for Consent to Charge 300.00
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6% Govt Tax 3,085.40


Disbursements
Carian Resmi 50.00
Bankruptcy search on Borrower/Vendor 12.00
Winding up search on Vendor/Developer 12.00
Title Search 60.00
Application for Consent to Charge 50.00

Stamp Duty on :-
Letter of Offer 10.00
Facilities Agreement + 2 copies 1,280.00
Memorandum of Charge 40.00
Statutory Declaration on
Owner Occupation & Bankruptcy 20.00

Registration fees on :-
Memorandum of Charge 120.00
Entry of Private Caveat 420.00
Consent to Charge 30.00
Caveator’s Consent 30.00

Affirmation
Statutory Declaration on Owner
Occupation, Bankruptcy 20.00

Travelling expenses 200.00
Miscellaneous 50.00

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Total 5,674.52
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Thank you!!! notworthy.gif notworthy.gif notworthy.gif


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